Tricida (TCDA) Granted Additional U.S. Patent Covering Composition of Matter of Veverimer

March 3, 2021 8:30 AM EST

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Tricida, Inc. (Nasdaq: TCDA), a pharmaceutical company focused on the development and commercialization of its investigational drug candidate, veverimer, a non-absorbed, orally-administered polymer designed to treat metabolic acidosis in patients with chronic kidney disease (CKD), today announced today that U.S. patent number 10,934,380, entitled “CROSSLINKED POLY(ALLYLAMINE) POLYMER COMPOSITIONS” has issued from the United States Patent and Trademark Office. The newly issued patent covers additional composition of matter claims for veverimer to 2038 and extends the Tricida patent portfolio, which is solely owned by the company, to a total of 210 patents in 49 different countries, including two previously issued U.S. composition of matter patents and four issued U.S. method of treatment patents which provide protection to 2034. In addition, Tricida holds three issued European Patent Office patents providing patent protection until 2034 and two additional issued patents providing protection until 2035 in Europe, as well as patent protection expected to provide protection for veverimer until at least 2034 in Australia, China, Hong Kong, Israel, Japan, Mexico and certain other markets. Tricida solely owns other patent applications relating to veverimer that are currently pending in Australia, Brazil, Canada, China, Europe, Hong Kong, India, Israel, Japan, Mexico, Republic of Korea, Russia, and the United States.

“This new composition of matter patent will enable us to fully capitalize on veverimer’s U.S. potential into 2038,” said Gerrit Klaerner, Ph.D., Tricida’s Chief Executive Officer and President. “While our focus today is on the continued successful execution of the VALOR-CKD trial, we are not losing site of the commercial opportunity for veverimer. This patent adds four years of additional patent protection to our timeline to obtain the full value of veverimer.”

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